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Market Information Regarding Common Stock
−Removed: The Company’s common stock is traded on the New York Stock Exchange under the ticker symbol “GPC.”
+Added: Our common stock is traded on the New York Stock Exchange under the ticker symbol “GPC.”
Dividend Information
−Removed: The Company has paid a cash dividend to shareholders every year since going public in 1948 and increased the annual dividend for 65 consecutive years through 2021.
−Removed: While we have historically paid dividends to holders of our common stock on a quarterly basis, the declaration and payment of future dividends will depend on many factors, including, but not limited to, our earnings, financial condition, business development needs and regulatory considerations, and are at the discretion of our Board of Directors.
+Added: We have paid a cash dividend to shareholders every year since going public in 1948 and increased the annual dividend for 66 consecutive years through 2022.
+Added: While we have historically paid dividends to holders of our common stock on a quarterly basis and expect to continue doing so going forward, the declaration and payment of future dividends will depend on many factors, including, but not limited to, our earnings, financial condition, business development needs and regulatory considerations, and are at the discretion of our Board of Directors.
Stock Performance Graph
−Removed: Set forth below is a line graph comparing the yearly dollar change in the cumulative total shareholder return on the Company’s common stock against the cumulative total shareholder return of the Standard and Poor’s ("S&P") 500 Stock Index and a peer group composite index (“Peer Index”) structured by the Company as set forth below for the five year period that commenced December 31, 2016 and ended December 31, 2021.
−Removed: This graph assumes that $100 was invested on December 31, 2016 in Genuine Parts Company common stock, the S&P 500 Stock Index (the Company is a member of the S&P 500 Stock Index, and its cumulative total shareholder return went into calculating the S&P 500 Stock Index results set forth in the graph) and the peer group composite index as set forth below and assumes reinvestment of all dividends.
+Added: Set forth below is a line graph comparing the yearly dollar change in the cumulative total shareholder return on our common stock against the cumulative total shareholder return of the Standard and Poor’s ("S&P") 500 Stock Index and a peer group composite index (“Peer Index”) structured by us as set forth below for the five year period that commenced December 31, 2017 and ended December 31, 2022.
+Added: This graph assumes that $100 was invested on December 31, 2017 in Genuine Parts Company common stock, the S&P 500 Stock Index (we are a member of the S&P 500 Stock Index, and our cumulative total shareholder return went into calculating the S&P 500 Stock Index results set forth in the graph) and the peer group composite index as set forth below and assumes reinvestment of all dividends.
Comparison of five year cumulative total shareholder return
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Peer Index $100.00 $83.10 $106.58 $127.14 $156.34 $125.91
−Removed: In constructing the Peer Index for use in the stock performance graph above, the Company used the shareholder returns of various publicly held companies (weighted in accordance with each company’s stock market
−Removed: capitalization at December 31, 2016 and including reinvestment of dividends) that compete with the Company in its two industry segments:
−Removed: automotive parts and industrial parts (each group of companies included in the Peer Index as competing with the Company in a separate industry segment is hereinafter referred to as a “Peer Group”).
+Added: In constructing the Peer Index for use in the stock performance graph above, we used the shareholder returns of various publicly held companies (weighted in accordance with each company’s stock market capitalization at
+Added: December 31, 2017 and including reinvestment of dividends) that compete with us in our two industry segments:
+Added: automotive parts and industrial parts (each group of companies included in the Peer Index as competing with us in a separate industry segment is hereinafter referred to as a “Peer Group”).
Included in the automotive parts Peer Group are those companies making up the Dow Jones U.S.
−Removed: Auto Parts Index (the Company is a member of such industry group, and its individual shareholder return was included when calculating the Peer Index results set forth in the performance graph).
+Added: Auto Parts Index (we are a member of such industry group, and its individual shareholder return was included when calculating the Peer Index results set forth in the performance graph).
Included in the industrial parts Peer Group are Applied Industrial Technologies, Inc., Fastenal Company, and W.W.
Grainger, Inc.
−Removed: In determining the Peer Index, each Peer Group was weighted to reflect the Company’s annual net sales in each industry segment.
+Added: In determining the Peer Index, each Peer Group was weighted to reflect our annual net sales in each industry segment.
As of December 31, 2022, there were 6,892 holders of record of the company’s common stock.
15 unchanged sentences
There were no other repurchase plans announced as of December 31, 2022.
−Removed: SELECTED FINANCIAL DATA .
−Removed: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.